100 Main StTexarkana, TX 75501

For Sale
  • Commercial real estate
  • 0.29 AC

Property Details for 100 Main St

Lot size
0.29 AC
Property type
Commercial real estate
APN
8018
APU
8018

Description

This exceptional 10-story, 55,000 to 76,000 square foot traditional office building, located at 100 Main Street in Texarkana, Texas, presents a unique investment opportunity. Constructed in 1929 by renowned hotel architect Joseph J. Finger of Houston, this landmark building occupies an entire city block (Block 29, Lots 13-17) within the Central Business District, boasting a prominent location just 10 feet from the Arkansas state line. The property, historically significant as the first sold on Texarkana's original townsite, features a 29,000 square foot lot. Currently vacant, this Class C building offers significant potential for redevelopment or repositioning. Its strategic location and historical significance make it an attractive proposition for investors seeking a high-impact project in a thriving Texas city. The building's integration with the Bi-State Criminal Justice Center via a former 20-foot alley adds to its unique character and potential for adaptive reuse. This is a rare chance to acquire a piece of Texarkana's history and shape its future.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,184,208
    Hospitality
    $2,916,718
    Educational
    $2,426,675
    Medical
    $2,510,132
    Retail
    $3,774,827
100 Main St, Texarkana, Texas

Location Insight

City
Texarkana
County
Bowie
State
Texas
Latitude
33.4204
Longitude
-94.0434
CBSA code
45500
CBSA name
TEXARKANA, TX-TEXARKANA, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$631
$24,642
$2,000
$26,642
-
$24,642
$2,000
$26,642

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